PRLog - Feb. 1, 2014 - MANHATTAN, N.Y. -- ZarVic Brothers will privately offer $300 million worth of 9.38 percent on senior secured notes due 2019 to qualified institutional and private investors. The notes will pay interest semi annually and will be issued in a private placement. The company intends to use proceeds from the offering to finance its acquisition of income producing real estate, fund first position commercial loans to income producing properties, and merger and acquisition opportunites. The offering will be made only to qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended, and to persons outside the United States pursuant to Regulation S. The notes have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements. For further information contact: Chris Stein at info@zarvic.com , www.zarvic.com
Forward-Looking Statements
This press release includes “forward-looking statements,” including statements about the offering, including the closing of the offering and the anticipated use of proceeds therefrom, and other transactions, These statements can be identified by the use of forward looking terminology such as “expects,” “believes,” “estimates,” “expects,” “intends,” “may,” “will,” “should” or “anticipates” or the negative or other variation of these or similar words, or by discussions of future events, strategies or risks and uncertainties. Such forward looking statements are inherently subject to risks, uncertainties and assumptions.
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ZarVic Brothers Raising $300,000,000 Senior Debt
February 01, 2014 at 17:11 PM EST
